Crude Oil | The Asian Age

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Crude Oil Page-5

On the Multi Commodity Exchange, crude for delivery in September contracts was trading higher by Rs 14, or 0.35 per cent to Rs 3,971 barrel in 22,944 lots.

Crude oil futures up on global cues

Analysts said raising of bets by participants kept crude prices to trade higher here.

03 Sep 2019 2:36 PM

Oil will struggle to make substantial headway topside this week with no progress on trade talks or meetings even, soft data from Asia and a possible cracking of OPEC’s resolve to control production, said Jeffrey Halley, senior market analyst at OANDA.

Oil prices fall as market eyes trade war, awaits stocks data

US crude was down 26 cents, or 0.5 per cent, at USD 54.84 a barrel by 0644 GMT, while Brent was down 6 cents at USD 58.60 a barrel.

03 Sep 2019 1:19 PM

Markets would also await PMI data for the manufacturing and services sectors which would influence trading sentiment, analysts said. (Photo: File)

Macro data, global factors key for markets in holiday-shortened week ahead: Experts

Investors would also monitor other key factors such as movement of rupee, crude oil and investment trend by overseas investors.

01 Sep 2019 6:15 PM

Brent crude was up 8 cents, or 0.1 per cent, at USD 61.16 a barrel, by 0420 GMT after adding 1 per cent on Thursday.

Oil set for biggest weekly gain since July on trade dispute hopes

WTI futures, slumped last week by nearly 2 million barrels to their lowest since December.

30 Aug 2019 11:09 AM

The trading unit has been buying US crude from Texas refinery Motiva to re-sell in Asia.

Aramco Trading sells first US West Texas Light crude to Hyundai: sources

ATC is key to Saudi Aramco’s strategy as it expands its refining and petrochemical operations to boost global sales.

28 Aug 2019 1:02 PM

US crude stockpiles fell sharply last week as imports dropped, plummeting by 11.1 million barrels.

Oil gains, led by US crude, as recession worries ease

Crude oil prices have fallen about 20 per cent from 2019 highs reached in April.

28 Aug 2019 11:54 AM

Crude oil imports into India consumer declined 1.2 per cent from a year earlier to 19.34 million tonnes, but increased 14.6 per cent from the previous month. (Photo: File | ANI)

India's petrol imports in July hit highest in at least eight years

Petrol imports rose to 230,000 tonnes in July, the highest since PPAC data going back to 2011.

22 Aug 2019 2:59 PM

Meanwhile, West Texas Intermediate was down by 0.23 per cent at USD 55.55, while global benchmark Brent was down 0.30 per cent at USD 60.12 a barrel.

Crude oil futures fall 0.52 pc on weak global cues

Crude oil for delivery in September was trading lower by Rs 21, or 0.52 per cent, at Rs 3,994 per barrel.

22 Aug 2019 1:29 PM

On the Multi Commodity Exchange, crude for delivery in August was trading higher by Rs 22, or 0.55 per cent, at Rs 4,044 per barrel.

Crude oil futures up on positive cues

Analysts said speculative positions created by traders led to the rise in oil prices.

20 Aug 2019 1:05 PM

On the Multi Commodity Exchange, crude for delivery in August was trading higher by Rs 18, or 0.46 per cent, at Rs 3,932 per barrel in a business turnover of 23,819 lots.

Crude oil futures up on positive cues

Analysts said speculative positions created by traders led to rise in oil prices.

16 Aug 2019 2:06 PM

The cumulative oil and gas gain from these projects is expected to be over 180 million tonne of oil and oil equivalent gas in their life cycle, said ONGC chairman and managing director Shashi Shanker.

ONGC investing Rs 83,000 cr in 25 projects; cumulative oil, gas gain over 180 MT

The firm produced 24.23 million tonne of crude oil in the 2018-19 fiscal year and 25.81 billion cubic metres of natural gas.

15 Aug 2019 5:06 PM

US West Texas Intermediate (WTI) CLc1 futures were USD 54.81 per barrel, down 12 cents, or 0.2 per cent.

Oil prices edge down as traders weigh slowing demand against supply curbs

Brent crude futures LCOc1 were down 11 cents or 0.2 per cent, from the previous settlement.

13 Aug 2019 8:37 AM

The crude for delivery in September contracts, however, edged higher by Rs 2, or 0.05 per cent, to Rs 3,915 per barrel with a business volume of 268 lots.

Crude oil futures dip 0.03 per cent on muted demand

On the Multi Commodity Exchange, crude oil for delivery in August contracts was trading lower by Re 1, or 0.03 pc.

06 Aug 2019 2:14 PM

Analysts said trading sentiments turned weak after prices eased in global markets and profit-booking by speculators mainly exerted pressure on prices.

Crude oil futures fall on global cues

On the Multi Commodity Exchange, crude oil for delivery in August contracts fell by Rs 18 to Rs 3,873 per barrel.

05 Aug 2019 3:28 PM

Asia’s incremental demand for September-loading Middle East crude weakened last month with several North Asian refineries scheduled to shut for maintenance during their autumn season. (Photo: File)

Saudi Arabia may cut crude oil prices to Asia in September

The cuts would track a backwardation between prompt and third month Dubai prices that narrowed by 70 cents a barrel in July versus June.

02 Aug 2019 12:30 PM

Brent crude rose 33 cents, or 0.5 per cent, to USD 64.04 a barrel by 0435 GMT, after gaining 0.4 per cent the previous session.

Oil prices rise amid expectations that US Fed will cut rates

Tensions spiked between Iran and the West after Iranian commandos seized a British-flagged oil tanker in the Gulf.

30 Jul 2019 11:05 AM

The oil for delivery in September also lost Rs 12, or 0.31 per cent, to Rs 3,918 per barrel in 519 lots.

Crude oil futures fall 0.33 per cent on profit booking

Crude oil for delivery in August was trading lower by Rs 13, or 0.33 per cent, at Rs 3,895 per barrel.

26 Jul 2019 4:39 PM

Globally, West Texas Intermediate crude prices rose 1.06 per cent to USD 56.22, while international benchmark Brent went up 0.36 per cent to USD 63.49.

Crude oil up 0.28 per cent on upbeat global cues

Analysts said the rise in crude oil futures was largely in tandem with a firming trend in global trade.

23 Jul 2019 2:20 PM

Benchmark crude prices were still on track for their biggest weekly decline in seven weeks, having fallen sharply earlier in the week on hopes for easing Middle East tensions as well as demand concerns and a dwindling storm impact.

Oil jumps after US Navy downs Iranian drone

Brent crude futures were up USD 1.17, or 1.9 per cent, at USD 63.10 a barrel by 0505 GMT.

19 Jul 2019 1:13 PM

Electric vehicles are not expected to make a dent on crude demand in India and elsewhere, IEA.

IEA says does not expect 'huge increase' in crude prices

The IEA is reducing its 2019 oil demand forecast due to a slowing global economy amid a US-China trade spat.

19 Jul 2019 11:01 AM

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Syed Ata Hasnain

Crude Oil Page-5

Crude oil futures up on global cues

Oil prices fall as market eyes trade war, awaits stocks data

Macro data, global factors key for markets in holiday-shortened week ahead: Experts

Oil set for biggest weekly gain since July on trade dispute hopes

Aramco Trading sells first US West Texas Light crude to Hyundai: sources

Oil gains, led by US crude, as recession worries ease

India's petrol imports in July hit highest in at least eight years

Crude oil futures fall 0.52 pc on weak global cues

Crude oil futures up on positive cues

Crude oil futures up on positive cues

ONGC investing Rs 83,000 cr in 25 projects; cumulative oil, gas gain over 180 MT

Oil prices edge down as traders weigh slowing demand against supply curbs

Crude oil futures dip 0.03 per cent on muted demand

Crude oil futures fall on global cues

Saudi Arabia may cut crude oil prices to Asia in September

Oil prices rise amid expectations that US Fed will cut rates

Crude oil futures fall 0.33 per cent on profit booking

Crude oil up 0.28 per cent on upbeat global cues

Oil jumps after US Navy downs Iranian drone

IEA says does not expect 'huge increase' in crude prices

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